Solving the Case of the Missing Millions: Automating Reinsurance Processes

Craig has a proven track record selling technology solutions in the insurance/reinsurance arena. His career to date has included roles with StoneRiver, Sherwood International/Sunguard and ReCapital, General and National Reinsurance companies

With over 30 years’ experience in the reinsurance software market, Craig has been instrumental in helping companies extend their market penetration and drive revenue. Craig has held leadership roles in Marketing, Sales and Project Management.

Craig joined Xuber in August 2013. His business development responsibilities include pre-sales, partner relationships and support for product development.

Deborah M. Smallwood

Founder

Strategy Meets Action

Deborah M. Smallwood

Deb is the founder of Strategy Meets Action, a strategic advisory firm offering a unique blend of advisory, research, and project-based consulting services to both insurance companies and solution providers. She is widely recognized for her expertise in helping insurance companies re-think, re-energize, and re-tool their IT plans and technology investments to enable profitable growth and differentiate with innovation. Those seeking an edge in today’s highly competitive world turn to Deb to capitalize on her deep industry knowledge and experience; specialized understanding of business and IT strategy linkage; proficiency in the development of IT plans and roadmaps; and extensive functional expertise in distribution, underwriting automation, and core systems.

Prior to launching Strategy Meets Action, Deb held a variety of leadership roles including VP of the Insurance Practice at TowerGroup, Chief Transformation Officer (CIO) at Insurance Company of The West (ICW), Partner at KPMG LLC, and Head of Commercial Lines Application Development at Liberty Mutual.

Deb is often asked to contribute to major insurance publications. She is also a frequent keynote speaker at leading industry conferences.

Peggy Bresnick

Contributing Editor

Insurance & Technology

Peggy Bresnick

Peggy Bresnick Kendler has been a professional writer for the past 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Peggy has worked on special UBM TechWeb financial services technology-centered projects on behalf of companies that represent some of the most prominent names in the insurance, banking, and capital markets technology fields.

Peggy has written a recurring department featured in Insurance & Technology since 1996, and she has produced a recurring department for Bank Systems & Technology since 2003. From 1998 through 2001, she served as editor-in-chief of School Technology Market Report, a bimonthly newsletter for school district technology leaders. Peggy formerly was manager of communications for the American Insurance Association's Service Group. She has also worked in the IT area of Dun & Bradstreet, where she reported directly to the director of IS planning and consulting.

Peggy holds a Bachelor's degree in English from Skidmore College, a
Master's degree in education from Sacred Heart University and a Master's degree in educational technology from Fairfield University.

Reinsurance represents the largest asset on most P&C insurers’ balance sheets. This asset equates to millions of dollars across the insurance industry. Yet, many insurers are still using antiquated systems to administer their reinsurance business – in simple spreadsheets, in some cases – and they are reliant on a single individual or small, specialized group of employees to track down the missing funds.

To some degree, leakage affects all carriers. However, insurers in the E&S market are most impacted, since claims in this area tend to be particularly complex and the process for settling these claims can take years. Automating processes can go a long way in helping insurers regain recoverables that were previously lost or difficult to recapture.

Join us for this free 60-minute Insurance & Technology webinar to learn how automating ceded reinsurance processes can help insurers gain efficiencies – and regain millions of dollars lost to leakage. In this program, Craig Robinson, Head of U.S. Business Development at Xuber, will discuss:

How automation can reduce leakage;

The potential dangers for insurers that do not automate these processes;